Good Evening All, I have a doubt. Is Act 75 of 1997 applicable in India? Is it right to use this formula while calculating the rate per hour?
Formula for Calculating Rate Per Hour
Salary ÷ 26 (days per month) ÷ 7½ (working hours) and 26 x 7½ = Total working hours per month (195 hours).
Please provide suggestions.
From India, Thrissur
Formula for Calculating Rate Per Hour
Salary ÷ 26 (days per month) ÷ 7½ (working hours) and 26 x 7½ = Total working hours per month (195 hours).
Please provide suggestions.
From India, Thrissur
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